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20120901
20120930
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CNBC 18
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English 18
Search Results 0 to 17 of about 18
CNBC
Sep 6, 2012 10:00pm EDT
of our two girls and the president of the united states of america, barack obama. ♪ >> thank you! thank you! >> thank you! thank you so much. thank you. thank you so much. thank you. thank you very much, everybody. thank you. michelle, i love you so much. a few nights ago, everybody was reminds just what a lucky man i am. malia and sasha, we are so proud of you. and yes, you do have to go to school in the morning. and joe biden, thank you for being the very best vice president i could have ever hoped for and being a strong and loyal friend. madam chairwoman, delegates, i accept your nomination for president of the united states. now, the first time i addressed this convention in 2004, i was a younger man. a senate candidate from illinois who spoke about hope. not blind optimism, not wishful thinking, but hope in the face of difficulty. hope in the face of uncertainty. that dogged faith in the future which has pushed this nation forward even when the odds are great. even when the road is long. eight years later, that hope has been tested. by the cost of war, by one of the worst economic
CNBC
Sep 18, 2012 7:00pm EDT
of the united states. i would also like to see mitt romney reach out to these people these 47% that he's been talking about. whom he disparaged in these remarks and make it plain that these policies are in their benefit. that by creating more incentives. by moving the country away from it's dependdency -- >> wait, we are going to come back. give everybody an opportunity. reach out for everybody. what is your take? >> you call this a dirty trick. using somebody else's own words is a dirty trick. >> they have had it since last may. that is the thing. and now the other side by the way is going to use another dirty trick because they have this type of obama saying i'm a redistributionist. >> those are his own words. he said it. don't deknny it. if robert costa is right. that means he hasn't had a good week since may. >> he may be in trouble but polls have romney neck in neck, a deed even race with obama. what is your take? >> my take is on the video, this was a chance to refocus the campaign on the right issue whose got the program that is going to build the economy and create jobs and growth not
CNBC
Sep 18, 2012 6:00am EDT
to us by the congress of the united states which represents the american people. >> what does that mean in terms of numbers? >> 2% growth. >> are we at two? kevin was very careful, he went 1.5 to 1.75. >> that's very precise. >> i want basis points. >> decimal points is silly stuff, come on, joe. >> i know. >> there is positive growth, it's just not robust and the key point, it's not enough to create the jobs we need in this country. now, i argue and i argue forcefully, i'll give a speech on this tomorrow night here in new york, the reason we have so much uncertainty is not just uncertainty about europe and uncertainty about the slowdown in china, these are important things. the real uncertainty stems from what are my taxes going to be? what kind of spending pattern also come out of the federal government, how do i deal with this explosion of regulatory morass we have coming out of washington. how do you budget whether you are exxon or a little bitty 20-person company, how does the woman who runs that company or the man who runs that company budget when they have no idea what their cost
CNBC
Sep 6, 2012 11:00pm EDT
of the greatest nation on earth. thank you. god bless you. and god bless these united states. >> the president wrapping up his acceptance speech for the nomination for president of the united states. democratic party. in charlotte, north carolina. can be described, perhaps, as a more subdued speech than the one that he gave at his initial convention four years ago. still touching on topics that are very popular. among his base. you had the tax issue, you had the issues of education. there were references to the automobile bailout. but still, john harwood who's with us, and larry kudlow still with us, and we have more guests coming in in a moment. there were parts that were surprising at times. opening up more land for natural gas drilling. we talk about tax reform. we talk about defense and strong on foreign policy. larry kudlow, did you feel this was a more centrist speech than you expected? >> no, not particularly. i mean, he said he was looking at the principles of bowles/simpson and simpson/bowles that those principles included pro growth tax reform across the board, getting rid of the ded
CNBC
Sep 4, 2012 1:00pm EDT
limited in the united states. and shares of ford and gm, one more thing to keep in mind, these stocks might be getting bounce in part because on the conference calls between ford and gm, their pickup sales were improving because of the housing market, a slight recovery there. it's a little early to say a big bounce but there is positive signs of the housing market helping pickup truck sales. >> thank you. >>> now, it is the democrats' turn. delegates are getting settled down in charlotte, north carolina and our chief washington correspondent is in nascar country live. john. >> reporter: this is the week democrats get to answer all the grief they took from republicans last week, largely about the economy. it's a complicated question. paul ryan was on the campaign trail yesterday posing the question ronald reagan posed to jimmy carter very devastatingly effective at that time. here's paul ryan. >> when you take a look at what we're going to hear in charlotte today, the president can say a lot of things, and he will, but he can't tell you that you're better off. simply put, the jimmy car
CNBC
Sep 7, 2012 9:00am EDT
that word, the auto industry of the united states at that time? >> it sounds like rhetoric. but -- and it is rhetoric, i guess, because it's words. but i think they're actually factual words. president bush and hank paulson agree because they were the first ones to provide capital to the auto industry. if the government had not stepped in, these companies would have had to literally shut their doors, they would have run out of cash, had to lay off their workers. the suppliers would have gone down. ford would have gone down. the industry would have shut down. whether it would have ultimately liquidated would depend on what would have happened after that. >> that is not the case. and in fact we got some very strong numbers earlier this week. are you surprised at the strength of auto sales at this point? >> no, i'm not surprised because you need to sell 15 million cars a year in this country simply to keep the fleet from aging. and we have not done that now for over four years. this is unprecedented in american history. so you have a huge amount of pent-up demand for cars beca
CNBC
Sep 24, 2012 6:00am EDT
the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ >>> "squawk box" keeping our eyes on the prize, its eight a "squawk" oil summit. the smartest minds in the industry. >>> safeguarding your online reputation. the founde
CNBC
Sep 21, 2012 7:00pm EDT
of the united states, but is that enough 46 days before the election? also tonight, so the president says he has come to learn that you can't change washington from the inside. reminder that he ran in 2008 as an outsider, pitching change against senator john mccain. learn learned, what else has the president learned in his three years in office? the markets closed flat for the day mostly, and flat for the week. tonight we're getting hard numbers on what falling off the fiscal cliff could mean and what it could cost the markets, 20%, at the very least. so how is congress going about it? earlier today the house went into recess until after the election and the senate wraps up tonight and we'll look at washington at work or not, but first up, after months of resisting and saying he's done what's required, mitt romney put out a friday surprise and released his 2011 tax return and nbc's john harwood joins us. >> reporter: good evening, joe. mitt romney promised when he released preliminary estimates that he would release these returns before the election and now he's done it. he actually reported les
CNBC
Sep 19, 2012 9:00am EDT
some growth and the country is the united states. >> and we don't have the demographic. >> no, we don't. where they are selling more adult diapers than baby diapers. >> kimberly-clark. >> the aging of this country will accelerate. >> we're selling fewer baby diapers, let's be clear. there are fewer babies being born. >> right. it's a declining population as well to a certain extent and the dramatic age -- >> right. i think that our household formation was a cyclical decline related to the recession. i wouldn't be sur poised if the 1.85 children per house, i find it hard to reconcile that. it goes back to two and we see a gradual choice in housing. people were living with their mother-in-laws, and i had that experience. it's tentative. >> now you're in your car, you weren't living with your mother-in-law, you were in your car. >> live inning my car with a couple of kids and it wasn't -- an suv, that would have been an svu situation. reverse the letters. >> if everyone is debasing their currency, is anyone debasing their currency? >> that's a great question. >> a race to the bottom. >>
CNBC
Sep 26, 2012 6:00am EDT
's take a look at the broader picture. again, the futures here in the united states look a little better after what was a pretty lousy day yesterday. i think it was the worst day for dow in the entire month of december. it was the worst day for the nasdaq in two months and it was the worst day for the s&p in throe months. oil prices continued to push lower and they do once again this morning. they're down another 64 cents to $90 and change. that's been the one bright spot that's been helping out things like the transports, but again, yesterday, every single one of these sectors is down. yesterday we saw a dip below 1.7%. let's call up the dollar board right now. you'll see what happened with these. dollar is a little stronger against the euro, but that's not saying a whole lot. 1.2865. we're also taking a look at the yen. never mind, i lost it there. gold prices are barely budging, 17.66. >> plasser said something yesterday -- >> he said it's not going to help. >> he said he didn't agree with it, it's not going to help and it's going to be hard to get out. >> right. raise the risks. >> j
CNBC
Sep 4, 2012 9:00am EDT
manufacturing contracting here in the united states. yesterday, we learned it's contracting in the china for the first time since november and in europe, it continues to contract. and yet, you think that the market is well supported here, why? >> i think it's going to be a range bound market. i think right now, we're in the tougher end of the range. there are two things that are supporting the market. one, there is an economic value to entities and so the lbo or acquisition value is providing support. to the extent companies return cash to shareholders, that offers some support. >> do you see many acquisitions in the market at the moment? >> no, and that's one of the things that's been surprising and disappointing at the same time. it's interesting. there are areas of the market where you've seen capital flow to economic opportunity. for example, buying single family homes to rent them out. which is an arbitrage that was made available by the decline housing prices you haven't seen a comparable level of activity on the corporate side, which is surprising. there are a couple of opportunit
CNBC
Sep 7, 2012 6:00am EDT
of years here in the united states, no matter who's in charge. others think we're headed well down from here. how do you see it? how are you kind of playing this out? >> i really see that the u.s. has one of the most dynamic economies. a lot of entrepreneurs that can always figure out where else to take their companies. and i think this is -- we have seen that in shell gas, where shell gas went from nowhere to 50, 60, now 80 billion cubic meters of annual production. it's unbelievable. and i think this is something that, you know, we do believe in the u.s. economy in the fact that, you know, u.s. cooperations will always come up with new ways of satisfying that demand. >> andrei, thank you. >> thank you. >>> coming up, the jobs report could become a political football on the campaign trail. new england patriot president jonathan kraft will join us with a unique indicator. first, what happens when you send a conservative free market economist to the dnc with a microphone? peter shift found out and he'll join us live at 6:50 a.m. here's a little preview of that. >> how about a cap on prof
CNBC
Sep 10, 2012 6:00am EDT
are basically mandated with the task of a medium to long-term sort of united states of europe kind of plan which involves fiscal, more fiscal union and political union and most interestingly i detect more and more some sort of thoughts about more parliamentary responsibility, so therefore a bit more accountability and democracy so he knew all of that before he said what he said six weeks ago and he certainly knew that he'd gotten merkel behind him in my view. >> george soros has an op. ed piece, he says germany needs to lead or leave and if a germany were to leave, the euro would depreciate, the debt burden remain the same in nominal terms and debtor companies would regain their competitiveness and the value of their real estate would also appreciate in nominal terms. do you buy that? >> i can't resist in teasing him a bit. he must be dabbling around in mantis united shares going to his head. without germany there is no euro. the idea germany leaves and the rest carry on is a non-starter. i don't understand why someone like george is saying that. >> i want to see his book, whenever he says anyth
CNBC
Sep 14, 2012 3:00pm EDT
part of the story of the economy here in the united states. >> quincy, what areas of the market are going to continue rising, assuming you believe the stock market goes higher? >> i think you're going to see the cyclical sectors, the ones that were neglected by the defensive sectors. if you think this is going to move higher, you're already moving into the industrials, the materials, and energy and tech. and financials as well. >> you think this has legs? what do you think the rest of the year looks like in terms of this market? >> this is not straight up. i think one of the reasons you see gains locked in today is who wants the spend the weekend worrying about what's going on in the middle east? there are going to be issues that pull this market back, but i think that you've got a bottom for the market, and you're going to see it grind higher every time there's a pullback. >> stephanie, you told me yesterday immediately following the fed decision when you were sitting next to me on "halftime," buy the financials head over fist. >> yeah, and we actually added to the stock i pick
CNBC
Sep 10, 2012 7:00pm EDT
good and the dollar is rallying and the united states represented the best place to invest. the stock market could do higher. >> i figure after the first 16 or 18 minutes of stock market rally with qe-3, i think the stock market this whole bloody thing, they're tired of it, then they start worrying about tax hikes, as our own ayman javers said, probably an accurate point, we may not, they may not in washington get to tax hikes until the middle of january, when a potential new president is sworn in, and then i could just tell you from the reagan days, you don't just snap your fingers and do a deal. these things have -- even with romney, it will take months to go through the process. >> i think -- despite the fact i'm completely supporting the new conservative administration, i do think it might get a little trickier if republicans come in. i think they may wait and i think it could be -- i won't say a disaster by any means, i think it could spook the market quite easily. >> let's prosecuting in jeff, who knows a thing or two about all this, the chief market strategist. good evening, je
CNBC
Sep 5, 2012 6:00am EDT
by examining 113 indicators from official data sources and polling 15,000 executives. united states continued a four-year slide to the seventh spot. separately, a judge ruling amr can abandon its pilot's union contract. saying the bankrupt parent of american airlines corrected certain issues that caused him to reject the same request in the past. amr is trying to save more than $1 billion a year in labor costs. it can unilaterally impose work terms on its pilot, all is happening as talks between amr and u.s. air continue. >>> in the meantime, a very complicated story. we've been trying to follow the twists and turns. the fbi now says there is no evidence to support claims that hacking group anonymous infiltrated an fbi agent's laptop and lifted data for more than 12 million apple products. however the front page of "the financial times" lays it out and says hackers embarrass apple with this data release. there were over a million different devices, numbers were published online. this is a story that has many odd twists. the hackers said they would not give any interviews about this breach unt
CNBC
Sep 28, 2012 6:00am EDT
in the united states. maybe you do own them. >> do you know who has heard of them? >> who? >> jim cramer. >> the deal is worth approximately $35.75 a share. i don't know what type of medical devices they make. you know, i like a lot of things. i don't mind seeing toys made in china, that's fine, that's good. my defibrillator, maybe not. >> there are problems with defibrillators made here. >> that's true. my 737, no. >> no? >> you fly around on chinese airplanes? >> the iphone. the iphone doesn't crash. >> chinese car if you lock your keys in them, you get a can opener and you can easily break into your car like a lunar landing module, you put your elbow right through it if you -- >> what do you want me to say? >> that amazon is planning an online marketplace? >> amazon is planning an online market place for wine sales, the second attempt to sell wines to consumers after a partner problem forced them to end the first one three years ago. they held a workshop in napa this week with members of the napa valley vintners association. they are planning to charge wineries a 15% commission on sal
CNBC
Sep 4, 2012 6:00am EDT
% of the budget. >>> back in the united states, the new york attorney general is investigating whether private equity firms have abused tax strategy in order to cut hundreds of millions from their tax bills. eric schneiderman wants documents that reveal whether they converted certain fgt fees into investments which are taxed at a lower rate than ordinary xhk. economy. schneiderman is looking to see if he's trying to embarrass bain. andrew, right now, i'll send it over to you. >> fascinating story. hope we talk about that in a little bit. corporate headlines this morning. valiant pharmaceuticals is buying metacis for $24 a share. a 39% premium. the deal boosting valiant skin care offering and adds botox to it's portfolio. oracle is launching an appeal on five-year long court case against s.a.p. last month they agreed to pay oracle $306 million over copyright infringement allegations. great to be back. what do you think, a little right here in. >> i've never heard of disport? >> botox? >> you're not who i'm worried about. it's clear by saying you might need it, i know what you're actually saying
Search Results 0 to 17 of about 18